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When he’s not in JPMorgan’s boardroom, Jamie Dimon says he is out hiking and barbequing.
In an episode of the “Acquired” podcast released on Wednesday, JPMorgan’s CEO said that he was taught to always have a purpose. His “hierarchy” of priorities is family — he has three adult daughters and several grandchildren — country, and working at the bank.
Besides that, he has a list of dad-style hobbies.
“One of my daughters said, ‘Dad, you need some hobbies.’ And I said, ‘I do. Hanging out with you, family travel, barbecuing, wine,'” Dimon said.
He added that his family now likes whiskeys and that he loves to read and learn history. He said that he cannot play tennis anymore because of his back, but he goes hiking.
“I don’t buy fancy cars and stuff like that, but this gives me purpose in life beyond family and beyond country,” Dimon said. He also said that he can’t imagine playing golf.
Dimon, 69, is frequently asked about his retirement plans and what succession at the $800 billion bank could look like.
As he usually does, Dimon said on the podcast that he plans to lead the bank as long as he has the “energy” for it.
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Still, he shared what he might do when he’s no longer at JPMorgan.
“When I’m done with this, I don’t know, I’ll teach and write. I may write a book like Andrew Russin did,” he said, referring to another asset manager. “But I have got to do something. And I’m not going to twiddle my thumbs and smell the flowers.”
A representative for Dimon did not respond to a request for comment from Business Insider.
Dimon’s mainstream American dad hobbies are a contrast from some Wall Street execs’ quirky pastimes.
Goldman Sachs’ CEO, David Solomon, likes to DJ. Solomon has released remixed tracks through his Instagram account and Spotify. Before 2023, he performed half a dozen times a year, often at high-profile events like Lollapalooza.
Ray Dalio, who founded Bridgewater Associates, said he practices transcendental meditation and is an avid hunter, including large wild animals in Africa.
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